International Monetary Fund
Ethiopia: History of Lending Commitments
as of April 30, 2022

The IMF lends under concessional and non-concessional arrangements or can provide outright loans. A lending arrangement, which is similar to a line of credit, is approved by the IMF Executive Board to support a country's adjustment program. The arrangement requires the member to observe specific terms and subject to periodic reviews in order to continue to draw upon it. An outright loan is also approved by the IMF Executive Board, however, it does not require a member to observe specific terms.


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(In Thousands of SDRs)

Facility Date of
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Extended Fund Facility    Dec 20, 2019    Dec 19, 2022 751,750 90,210 90,210
Extended Credit Facility    Dec 20, 2019    Sep 19, 2021 1,202,800 133,640 133,640
Rapid Financing Instrument    Apr 30, 2020    May 04, 2020 300,700 300,700 300,700
Exogenous Shock Facility    Aug 26, 2009    Nov 22, 2010 153,755 153,755 0
Extended Credit Facility    Mar 22, 2001    Oct 31, 2004 100,277 100,277 0
Extended Credit Facility    Oct 11, 1996    Oct 22, 1999 88,470 29,490 0
Structural Adjustment Facility Commitment    Oct 28, 1992    Nov 08, 1995 49,420 49,420 0
Standby Arrangement    May 08, 1981    Jun 30, 1982 67,500 67,500 0
Total 2,714,672 924,992 524,550

4/ The expiration date for outright disbursements (RFI and RCF) reflects the date the disbursement was    drawn, or the date the disbursement expires, i.e. 60 days following the Board approval date. The    expiration dates for PRGT and GRA arrangements reflects either the approved expiration date of the    arrangement or the date the last disbursement takes place under the fully drawn arrangements.

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Ethiopia Financial Position in the Fund